{"id":5611,"date":"2011-05-21T19:52:14","date_gmt":"2011-05-21T19:52:14","guid":{"rendered":"http:\/\/money-news-online.com\/blog\/?p=5611"},"modified":"2011-06-14T17:14:59","modified_gmt":"2011-06-14T17:14:59","slug":"21052011-oswealth-review-and-daily-news-from-the-industry","status":"publish","type":"post","link":"https:\/\/money-news-online.com\/blog\/2011\/05\/21\/21052011-oswealth-review-and-daily-news-from-the-industry\/","title":{"rendered":"21\/05\/2011. OSWealth Review and Daily News from the Industry"},"content":{"rendered":"

BEWARE! THIS PROGRAM HAS STOPPED PAYING! PLEASE DO NOT INVEST!
\n<\/strong><\/span>
\nHi everyone! Hope the weekend is going well for you so far. There’s a couple of news stories to get through, though typically for a Saturday things are slow enough. Not so slow that I didn’t add a couple of new programs to my monitoring list however, so before getting to the news I want to take a closer look at one of them. It’s called OSWealth<\/a> and it only started working yesterday which means of course your chances of profiting from it are significantly enhanced if you join sooner rather than later. There’s a couple of interesting features to OSWealth<\/a> that makes them a bit more noticeable than much of the competition, which I’ll get to in a moment after we look at the investment plans.
\n\"\"<\/a>
\nOSWealth<\/a> offers three investment plans which despite all being short term are still remarkably varied. The first of these runs for a term of 7 calendar days and makes daily interest payments<\/strong> that vary according to the size of your deposit. It’s called The Starter Plan<\/strong><\/em> and will cost you a $10 minimum to join. In return for anything up to $15,500 OSWealth<\/a> will pay you 3%<\/strong> interest per day before returning your principal on expiry<\/strong>, leaving you with a net profit of 21%. Purely for informational purposes the rates applied to larger deposits include 4%<\/strong> per day on amounts from $15,501 to $27,5000 and 5%<\/strong> per day on anything from $27,501 to the maximum $39,5000.<\/p>\n

The second plan also runs for 7 calendar days <\/strong>but takes a different approach entirely. It’s called The Standard Plan<\/strong><\/em> and membership here involves you just receiving one single payment made on expiry<\/strong>. Your principal is included as part of that payment. Obviously this carries a greater risk, but if your prepared to take it and it pays off then the rewards are a bit more generous. Keep in mind however that OSWealth<\/a> require a hefty minimum investment of $250 to join this one so it’s really for the more serious players. A deposit between that $250 and $15,500 is offered 128%<\/strong> returned on expiry, so that’s a profit of 28% this time. And for your information the rates offered on larger deposits include 135%<\/strong> on amounts between $15,501 and $27,500, and 142%<\/strong> on deposits between $27,501 and OSWealth<\/a>‘s maximum of $39,500.<\/p>\n

Next is The VIP Plan<\/strong><\/em> which also makes single payments on expiry<\/strong>. It runs for an elongated term of 14 calendar days<\/strong> and will cost a $500 minimum to join, putting it beyond the price reach of many smaller investors. If you can afford it though, what OSWealth<\/a> are offering for deposits up to $15,500 is a single payment of 160% <\/strong>at the end of the term. That includes your principal so your profit is 60%. For larger investments the terms include 184%<\/strong> on deposits from $15,501 to $27,500, and 198%<\/strong> on amounts from $27,501 to $39,500.<\/p>\n

Payment options are basic enough and limited to just LibertyReserve and PerfectMoney<\/strong>. Given some recent high profile incidents where other HYIPs were either destroyed or severely damaged by AlertPay however that list is unlikely to change. But one of the better features of OSWealth<\/a> that I mentioned at the start is their actual payment method. There are no requests needed and no withdrawals in the traditional sense. They simply pay you whatever you are owed directly into your e-currency account automatically. Once you have joined OSWealth<\/a> that’s pretty much the last time you need even visit their website. Just sit back and forget about it and your payment will be made on whatever date determined by the plan you joined. Just make sure to establish a correct withdrawal limit when joining as the default amount is only $0.01.<\/p>\n

Dragonara are the hosting provider so I think it’s fair to say that downtime will negligible, if there’s even any at all. They are keeping OSWealth<\/a> on a dedicated server. The program is running off a script already used by a number of other short term programs that pays you automatically as I already mentioned without the need to place a withdrawal request. The OSWealth<\/a> website is also SSL encrypted for safer browsing and more secure transactions. Should the need arise you can contact the admin with any problems or account related issues by filling out the e-mail ticketing form on the contacts page and submitting it.<\/p>\n

There’s no obvious business plan to speak of behind OSWealth<\/a> and it’s presented to you as exactly what it is \u2013 an online HYIP and a high risk gamble. So you have no excuse here for walking into it without both eyes wide open. They have a rather unusual introduction on the home page to the world of HYIPs, acknowledging that they are part of it while at the same time claiming to have other investments backing it. Well, the only other investments I know of offering interest rates like that are other online HYIPs, so you know to be careful. But OSWealth<\/a> isn’t a bad prospect and if run properly might be OK for a sensibly sized investment as part of a wider more diverse portfolio.<\/p>\n

DAILY NEWS FROM THE INDUSTRY.<\/strong><\/p>\n

It seems almost unheard of but it looks to me like ViscoCorp<\/a> (reviewed here<\/a>) is trying to change their plans in order to reduce the number of days your interest is credited to your account and therefore vastly reduce your profits from the program Here is the latest update I found on the ViscoCorp<\/a> website:
\n\u201cDaily Plans Payout Days Changed.<\/em>
\n Daily plans payout days changes to 100 days, 150 days and 200 days instead of previous 150 days 200 days and 250 days as we launched a new 15 days plans which are more profitable.<\/em>\u201d
\nI hope that doesn’t apply to the current investors but since it was not specified I can only assume that it does. So the investors that are in the 1.5% for 150 days plan would get 75% less (!) then you originally planned as its been changed to 1.5% for 100 days. I’m still hoping to find out more in a few days when my plan offering 1.5% for 150 calendar days should expire. If that is right than I can assume that ViscoCorp<\/a> has some cashflow issues, especially since recently the new plan paying 120%-150% after 15 days was introduced. In my honest opinion, all those new plans paying on expiry are offered by ViscoCorp<\/a> with only one aim in mind \u2013 to back-up the current main investment plan paying 1.5% for 100 days now. So be careful about investing in ViscoCorp<\/a> and wait for more updates from MNO on the matter!<\/p>\n

Within the next few days another program running on the same script as ViscoCorp<\/a> \u2013 EurosFund<\/a> and paying 2.5%-4% for 60 days as its main plan (read more on that in my review here<\/a>) managed to add a new 10 day plan paying 12%-15% daily for 10 days, remove it and also introduce another plan paying 450%-600% after 30 days. Needless to say that such plans should not be taken seriously by smart investors in any way and should instead be avoided at all costs. As happened with several other programs in the past, all the new investment plans introduced by EurosFund<\/a> that pay on expiry are simply added to back up the main investment plan offered to the first lucky investors. That strategy was already talked about in much detail in my article dedicated to the scamming strategy of EzProfit<\/strong> which you can find here<\/a>. Below is just a recent announcement about yet another plan paying on expiry of 30 day period having been introduced by EurosFund<\/a> recently:
\n\u201cNew 30 Days Plans Launched.<\/em><\/strong>
\n We pay 15%-20% daily for 30 days, total return 450%-600%.<\/em>
\n Limited investment available. Will be closed for invest once the units are sold out.<\/em>
\n 1 unit = $500. Minimum is 1 unit and maximum is 100 units per account.<\/em>\u201d<\/p>\n

I would like to say that according to the admin’s wishes and effective immediately ExoticFX<\/strong> will not be monitored by MNO anymore. The admin refuses to pay monitoring sites for their services and recently announced that his program would go private soon to the usual marketing hype spread by him:
\n\u201cWe are eliminating the plans and participation levels designed to appease the HYIP Investors Players.<\/em>
\n We will continue to build our program as a private invitational only endeavor.<\/em>
\n So scream and cry and whine to your hearts content. We will handle our issues, solve our challenges, and move on without you.<\/em>\u201d<\/p>\n

However I would like to tell you all that since the admin is eager to exclude his program from the HYIP industry and go private as soon as possible it would mean that his program is going to scam very soon. Judging from my own and other investors many years in the industry, programs that previously open to the general public but then suddenly decide to go private scammed pretty fast. I don’t see why we will have an exception with ExoticFX<\/strong> which is the very same as any other ponzi game which was popularly explained by me here<\/a>, so please be careful with any further investments. I’m aware though that I have many referrals in ExoticFX<\/strong> eager to get their money as soon as possible, so I would suggest you take the most recent opportunity offered by Charles and grab your money with both hands away from the program as soon as possible and move on. Later it will be just too late \u2013 remember that lingering will lead you to losing. So please request your money back as soon as possible as it was explicitly offered by Charles:
\n\u201cWe will leave all your Investments accruing interest until we have caught up all pendings. At that point we will allow you to choose one of two options.<\/em>
\n Close your Investment and withdraw all funds, exiting EFX<\/strong> with your principal plus a total of 1% per days invested.<\/em>
\n Continue your investment as originally participated and move on out of HYIP with us.<\/em>
\n We dont want any more HYIP Investors<\/em>\u201d.<\/p>\n

Please note that the admin is a very manipulative person and he can change his opinion about that twice a day. Therefore, you have to exit EFX<\/strong> today while you still can. I know that tomorrow this opportunity could be revoked and you will be stuck with this sinking ship for good. So my advice will keep save your money and cut your losses. It was already proven that the admin of ExoticFX<\/strong> pays selectively trying to avoid big payouts at all costs and that he’s even blocking members’ accounts containing large amounts of LibertyReserve in it. Of course, it’s your call but you have to act fast because judging by the latest updates sent by ExoticFX<\/strong> his opinions on what to do with his program are unpredictable.<\/p>\n

As for MNO, I cannot monitor ExoticFX<\/strong> properly due to the decision taken by the admin who is much more concerned about the removal of his banners from MNO than paying his members on time. Here is the latest newsletter which one-sidedly eliminated my monitoring position of ExoticFx<\/strong>:
\n\u201cWe are NOT paying ANY MONITORS that did not invest their own funds. Monitors were originally paid by use to invest and monitor our program. We no longer care if our status shows paying, pending, problem or scam. Monitors that did not invest their own funds will no longer be provided a free profit and may remove our participation as we will not be paying them any longer.<\/em>
\n Charles. ExoticFX<\/strong> Just Profits!<\/em>\u201d<\/p>\n

Personally, I have no interest in monitoring them anymore anyway because there’s no future in it. But I’m just concerned about my referrals there who leave themselves open to further losses. So I recommend to think twice before you’re believe a single word he says later, because I will not be there to warn you about it. I studied his tricks and can say that he’s really shrewd when it comes to persuading members to part with their money. The recent analysis of my poll of ExoticFX<\/strong> conducted on MNO a few days ago clearly showed that the results were rigged and the positive responses were submitted to give the impression that the program might be real and not a ponzi. So beware of those upcoming lies and do not trust anybody because I believe he had a lot of staff working for him who would lose their jobs if EFX<\/strong> really collapses, so they would do anything to prolong this agony. So take this to your advantage and try to get your money out of ExoticFX<\/strong> as soon as possible. You will thank me later!<\/p>\n

In case you invested in EFX<\/strong> with AlertPay you will probably have to file a dispute which at this point would be a more viable option to get your money back even after some time than to believe the empty promises of its admin. I truly wish you good luck with your investments in ExoticFX<\/strong> and regret that I can’t monitor it anymore. Since I have unresolved complaints from my readers about the delayed payouts and blocked accounts and can’t monitor its development anymore I will leave ExoticFX<\/strong> on Not Paying status on MNO as the admin obviously does not care at this point about anything but getting more money. You can report to me if you have any issues or difficulties with the program and I will try to help you with advice and how to behave in a situation when you have to cope with a program on the brink of collapse.<\/p>\n

For the last 24 hours I was paid by the following programs monitored on MNO:
\nEliteAlliance<\/a>, EarnoSphere<\/a>, LucrativaFund<\/a>, OSWealth<\/a>, SiliconValleyGroup<\/a>, SafeDepositary<\/a>, GulfReserve<\/a>, GorgonProjectInvest<\/a>, MAHIFund<\/a>, ExtraFinances<\/a>, InvestNetGroup<\/a>, BrilineLimited<\/a>, PermanentProfit<\/a>, ViscoCorp<\/a>, EurosFund<\/a>, WABFunds<\/a>, EurexTrade<\/a> and Insectrio<\/a> (the first instant payments received).<\/p>\n

That’s it it for today’s news update, guys. Enjoy the rest of your Saturday and I’ll see you on MNO tomorrow with the review of a new short term program called Insectrio<\/a> as well as all the latest news from the best programs in the HYIP industry.<\/p>\n","protected":false},"excerpt":{"rendered":"

BEWARE! THIS PROGRAM HAS STOPPED PAYING! PLEASE DO NOT INVEST! Hi everyone! Hope the weekend is going well for you so far. There’s a couple of news stories to get through, though typically for a Saturday things are slow enough. Not so slow that I didn’t add a couple of new programs to my monitoring […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4,3],"tags":[],"_links":{"self":[{"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/posts\/5611"}],"collection":[{"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/comments?post=5611"}],"version-history":[{"count":0,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/posts\/5611\/revisions"}],"wp:attachment":[{"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/media?parent=5611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/categories?post=5611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/tags?post=5611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}